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    Intermediate Accounting Study Set 9
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    Exam 5: Balance Sheet and Statement of Cash Flows
  5. Question
    A Generally Accepted Method of Valuation Is
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A Generally Accepted Method of Valuation Is

Question 94

Question 94

Multiple Choice

A generally accepted method of valuation is
1. trading securities at market value.
2. accounts receivable at net realizable value.
3. inventories at current cost.


A) 1
B) 2
C) 3
D) 1 and 2

Correct Answer:

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